๐ MicroStrategy's bold $42 billion bitcoin acquisition plan is under the spotlight! CoinShares highlights potential risks, noting that favorable financing and investor demand for convertible debt are crucial. Rising debt servicing costs and the company's close ties to its bitcoin holdings add layers of complexity. CEO Michael Saylor remains firm on holding bitcoin, stating, "Bitcoin is the exit strategy." Despite potential tax implications and shareholder dilution, MSTR shares rose 8% as bitcoin nears $70,000. What are your thoughts on this strategy? Share in the comments!
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